讨论文件
DP17419工人运行
自愿离职方面熟练工人恶化公司的前景,因此,增加剩余工人离开的动机。我们开发一个模型的集体营业额等公司设计薪酬限制的风险“工人跑。”To achieve cost-efficient retention, firms may use fixed or dilutable variable pay -- such as stock option/bonus pools -- that promises remaining workers more when others leave but gets diluted otherwise. The optimal mix of fixed and dilutable pay depends on firms' relative risk exposure and their financial constraints. Compensating (identical) workers differently and financing investments with debt can improve collective retention.
£6.00
